How much Loan interest ?
2 Replies
Kevin Santiago
Contractor from East Hartford, CT
posted about 1 year ago
How much loan interest does a hard money lender/private lender usually charge ?
Sarah Brown
Real Estate Agent from Nampa, ID
replied about 1 year ago
Depends on the lender and how well you negotiate. :) I have seen it as low as 8% and as high as 15% with points.
Aaron K.
Specialist from Riverside, CA
replied about 1 year ago
10-12%